TRACEY JACOB LIMITED

TRACEY JACOB LIMITED

TRACEY JACOB LIMITED - Company Information

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TRACEY JACOB LIMITED

Company Registration Number:
04892180 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2017

Period of accounts

Start date: 01 October 2016

End date: 30 September 2017

TRACEY JACOB LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2017

Balance sheet
Notes

TRACEY JACOB LIMITED

Balance sheet

As at 30 September 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 3 655 872
Total fixed assets: 655 872
Current assets
Debtors:   28,496 39,482
Cash at bank and in hand: 4,296 4,216
Total current assets: 32,792 43,698
Creditors: amounts falling due within one year:   (17,509) (31,378)
Net current assets (liabilities): 15,283 12,320
Total assets less current liabilities: 15,938 13,192
Total net assets (liabilities): 15,938 13,192
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 15,838 13,092
Shareholders funds: 15,938 13,192

The notes form part of these financial statements

TRACEY JACOB LIMITED

Balance sheet statements

For the year ending 30 September 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 May 2018
and signed on behalf of the board by:

Name: T Jacob
Status: Director

The notes form part of these financial statements

TRACEY JACOB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership havetransferred to the buyer, usually on despatch of the goods; the amount of revenue can be measuredreliably; it is probable that the associated economic benefits will flow to the entity and the costs incurredor to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulateddepreciation and impairment losses.Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluationless any subsequent accumulated depreciation and subsequent accumulated impairment losses.An increase in the carrying amount of an asset as a result of a revaluation, is recognised in othercomprehensive income and accumulated in capital and reserves, except to the extent it reverses arevaluation decrease of the same asset previously recognised in profit or loss. A decrease in thecarrying amount of an asset as a result of revaluation is recognised in other comprehensive income tothe extent of any previously recognised revaluation increase accumulated in capital and reserves inrespect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gainsaccumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit orloss.

TRACEY JACOB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

2. Employees

2017 2016
Average number of employees during the period 1 1

TRACEY JACOB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

3. Tangible Assets

Total
Cost £
At 01 October 2016 17,214
At 30 September 2017 17,214
Depreciation
At 01 October 2016 16,342
Charge for year 217
At 30 September 2017 16,559
Net book value
At 30 September 2017 655
At 30 September 2016 872